Before, you had $80k in debt, now you have $96k in debt. You basically just took... | Hacker News

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		drcube on April 16, 2013 \| parent \| context \| favorite \| on: The Terrifying Reality of Long-Term Unemployment Before, you had $80k in debt, now you have $96k in debt. You basically just took out a home equity loan.

snowwrestler on April 16, 2013 [–]

Yup; I also could have just refinanced the first house at the higher appraisal. All three are good reasons for a homeowner to be happy their home value is going up.

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